UK200Group member comments on news that Business Growth Service is closing
A member of the UK200Group of independent accountancy and law firms has today commented on news that the government is closing the Business Growth Service. The initiative, which is now being dropped as part of a 17% budget cut at the Department for Business, Innovation & Skills, was set-up for firms seeking advice on expansion. The Service’s website currently displays a statement informing visitors that no more contracts will be started after midnight Monday 30 November.
Duncan Montgomery, tax partner at UK200Group member firm Whittingham Riddell, said:
Growth Accelerator in particular was delivered to and made a big difference to many of our clients. Removing this service abruptly as part of a programme of cuts that do not appear thus far to have balanced our annual books, seems to be counterintuitive. SMEs create jobs, pay taxes and drive the economy upwards. Helping them do that is a positive investment.
